Vacation rentals in Santa Margarita Lake

Find and book unique accommodations on Airbnb

Top-rated vacation rentals in Santa Margarita Lake

Guests agree: these stays are highly rated for location, cleanliness, and more.

%{current} / %{total}1 / 1
Top guest favorite
A charming garden area is framed by brick pathways, with a wooden table and chairs positioned nearby. Lush greenery and various plants create a serene outdoor atmosphere, while a wooden gate provides privacy and access to the space. The ground appears damp, suggesting recent rain.
Guesthouse in San Luis Obispo
4.97 out of 5 average rating, 620 reviews

SLO Guesthouse - quiet - near downtown - #115545

Private studio with it's own entrance located in lovely SLO. Includes a queen size Murphy bed (people rave about the comfort of this bed), 3 piece bathroom, table & two chairs, desk, closet, TV, WiFi & kitchenette. Coffee, tea with fixings are provided. 4 blocks from the downtown cultural-hub, hip restaurants, Farmer's Market, the Historic Mission and more. The Edna Valley wine country is 5 minutes away and the Beach is 10 minutes away. The Perfect Location to come experience the "SLO Life"!

Top guest favorite
A charming entrance to the cabin is illuminated by large, lit letters spelling 'CABIN.' The pathway is lined with stone, leading through lush greenery toward the cozy structure, which features a blue roof and warm outdoor lighting, creating a welcoming ambiance.
Cabin in Santa Margarita
4.98 out of 5 average rating, 178 reviews

The Cabin at Whisper Valley Ranch

Welcome to Whisper Valley Ranch! A unique cabin stay on 160 acres of caves, creeks, and hiking trails in the heart of San Luis Obispo County. Exquisitely designed & comfortably furnished, this getaway will provide the tranquil escape you need. Immerse in the ultimate central coast experience with personalized activities that can be planned onsite. Jam making, horseback riding, wine tasting, private chef meals...all can be yours in the comfort of the Cabin. Follow us on IG: whispervalleyranch

Top guest favorite
Cottage in Atascadero
4.97 out of 5 average rating, 219 reviews

The Cottage at Old Morro

After a little time off Airbnb, The Cottage is back and better than ever Spring 2025! The perfect stop for your Central Coast adventure! Tastefully appointed and well stocked, the cottage is perfect for a getaway to Paso Robles wine country, the beach, San Luis Obispo, hiking trips or the famous HWY 1! The cottage is set in a beautiful spot at the lower end of our property under a mature and majestic grove of oak trees adjacent to a beautiful white barn with overhead twinkling bistro lights.

Top guest favorite
A spacious bedroom is equipped with a large bed draped in a decorative quilt, complemented by colorful pillows. Two bedside tables with lamps are placed beside the bed. A small dining table and chair set sits by a window, allowing natural light to illuminate the room.
Apartment in San Luis Obispo
4.97 out of 5 average rating, 363 reviews

Mountain View Studio - No Cleaning Fee!

Your home away from home is close to Cal Poly, hiking, art and culture, great views, restaurants, wineries, and several beaches. This spacious studio apartment has a super-comfy bed and is located in a quiet neighborhood with easy access to all things SLO. We use only natural, organic cleaning products, and all sheets and towels are of high-quality cotton. Kitchenette stocked with coffee, tea, etc. Smart TV. Licensed in the city of SLO ( #113984), so a required 13% lodging tax is included.

Top guest favorite
A cozy studio space features a spacious bed draped with a light canopy, complemented by soft linens. Natural light floods in through two windows, while a comfortable seating area with decorative pillows and a side table adds to the inviting ambiance.
Guest suite in Arroyo Grande
4.91 out of 5 average rating, 560 reviews

Cozy beach-themed studio -fully sanitized!

Relaxing, cozy beach-themed retreat designed for beauty & comfort. If having a restful and comfortable place to stay is important to you, as well as saving money, than this is the place for you. As 13-time Superhosts we have provided everything you may need for a great stay. The space is sparkling clean & offers the softest of linens, blackout curtains, extra pillows and soft blankets. Decorated with colors and decor of the ocean, we are sure you will feel all your worries drift away.

Top guest favorite
Farm stay in Arroyo Grande
5 out of 5 average rating, 280 reviews

Wild Hair Studio-Stylish Farm Stay w/ EV charger

The Studio is a unique, completely renovated 1940's studio overlooking a one acre organic farm, located just minutes from the historic Village of Arroyo Grande. 6 miles to the beach, 3 miles to wine tasting in the Edna Valley, and a beautiful 12 mile country drive to SLO, the studio offers something for everyone. With a large fully equipped kitchen, spacious living area, and outdoor patio with bbq and propane fire pit this is the perfect place for your relaxing Central Coast getaway.

Top guest favorite
The exterior of the casita is showcased, featuring a stone patio with planters and a fountain. The entrance is framed by wood fencing, and a tall tree stands nearby, creating a natural and inviting atmosphere.
Guest suite in Paso Robles
4.97 out of 5 average rating, 544 reviews

Casita Oliva

Romantic, freestanding casita with private courtyard, set upon the hillside of a working olive farm in Paso Robles, California. Vintage Moroccan and Spanish light fixtures, built-in Moroccan queen-sized bed, refrigerator, coffee maker and basic utensils make this a perfect home-away-from-home or private retreat. The en suite bathroom features a porcelain tub/shower and stone sink. An outdoor fireplace and gorgeous views to the surrounding hillside complete the setting.

Top guest favorite
Barn in Atascadero
4.99 out of 5 average rating, 192 reviews

The Barn at Old Morro

The Barn at Old Morro is a refreshing and beautiful space centrally located to all the Central Coast has to offer! Tastefully appointed and well stocked, the barn is the perfect getaway for Paso Robles wine country, the Cayucos/Cambria/Morro Bay Coast, San Luis Obispo shopping or exploring the gorgeous Big Sur coastline! Set in a beautiful spot at the lower end of our property under a mature and majestic grove of oak trees with overhead twinkling bistro lights.

Top guest favorite
The exterior of The Fish House features a spacious deck surrounded by natural rocks and greenery. Seating areas include lounge chairs and a table beneath a sunshade. A barbecue grill is positioned nearby, inviting outdoor gatherings in a serene setting.
Cottage in San Luis Obispo
4.99 out of 5 average rating, 375 reviews

Slo Fish House Retreat

Good bye city life ! The Fish House is an amazing addition to our stunningly beautiful 29 acres! Views from the dock are guaranteed to take your breath away. Let the awe of nature rejuvenate your soul as you enjoy all that is San Luis Obispo. Whether you are coming to town for pleasure or for work, we are perfectly located just 10 minutes from downtown SLO, the airport, Edna Valley wineries, and Cal Poly; and 20 minutes from Avila or Pismo Beach.

Guest favorite
A bright and airy living space features a large window allowing natural light to fill the area. The room includes a cozy seating arrangement with a gray sofa, a wooden dining table with chairs, and decorative wall baskets. A kitchenette is visible in the background.
Home in San Luis Obispo
4.96 out of 5 average rating, 343 reviews

Wine Country Hilltop Retreat

Kick back and relax in this calm, stylish space with spectacular Edna Valley views. Read a book on your hillside patio and see buffalo and longhorns grazing in neighboring fields. After an incredible sunset, unwind by your firepit at night under a sky full of stars. This private country escape is also at the center of it all - 15 minutes to beaches & Cal Poly, 5 minutes to airport & 20+ wineries/tasting rooms, 10 minutes to beautiful downtown SLO.

Top guest favorite
A cozy living space features a built-in seating nook with striped cushions, surrounded by large windows that invite natural light. A round table with a woven tray and a plant adds a touch of greenery, while a mirror reflects the warm wood ceiling.
Tiny home in Nipomo
5 out of 5 average rating, 106 reviews

Modern + Cozy Oaks Hideaway

At our special spot, you get the best of both worlds: clean, modern and comfortably appointed tiny home on an oak-studded ranch surrounded by nature. Close enough to town, beaches, wineries, and restaurants for convenience while being far enough away to relax. Check out the creative and flexible spaces on the inside (living space coverts via Murphy bed to a queen bed sleeping area) and the comfy back patio for outdoor enjoyment.

Top guest favorite
A dining area features a wooden table surrounded by four chairs, complemented by a decorative rug. Exposed beams and ductwork enhance the industrial style. Natural light fills the space through large glass walls, revealing the adjacent kitchen and bedroom area.
Home in San Luis Obispo
4.98 out of 5 average rating, 264 reviews

Mid Century Modern Loft Downtown SLO

This unique place has a style all it's own. Mid century modern loft located just a few blocks from downtown SLO. 10 min walk and 3 min drive to all the great shops and restaurants SLO has to offer. Thick glass walls in the bedroom allow for an open loft like experience. Many fun details throughout the place create a truly unique vibe. This 800sf loft located upstairs above a salon is private and has designed parking.

Popular amenities for Santa Margarita Lake vacation rentals